What does it mean when someone says they are in scrambles?
Definition: In Scrambles
When someone has made a poor decision and is regretting it.
This saying is a Wall Street Bets’ original. Considered to be a classic in the online investing forum. It is a play on words in a couple different ways.
The first is a play on the saying that something or someone is in shambles. If someone is in shambles they are in a state of total disorder. In a trader’s life it would mean that you have just made some trades that you deeply regret, like buying high and selling low.
The second play is in the phrase and associated with the word scramble. After a poor decision a trader is scrambling to try and put things back in order. The literal definition of scrambling is to “make one’s way quickly or awkwardly up a steep slope or over rough ground by using one’s hands as well as one’s feet.”
When combined, both definitions describe a poorly made decision and a lot of regret and create a picturesque image of someone that is in disarray.
Since Wall Street Bets skyrocketed in popularity during the retail trader revolution, the saying “in scrambles” has become rarely used. However, to the early adopters of the online forum, it is a classic part of the lingo of Wall Street Bets.
”Bet 10k on xyz calls expiring today. In scrambles”
“Blew up my account today, now I am in scrambles.”
“So many on here bought the dip and are now in scrambles.”